Business Standard

Rupee breaches 63 mark ahead of RBI policy

Losses in domestic shares, Asian currencies hurt

Reuters Mumbai
The rupee breached the psychological 63 per dollar mark, to hit its lowest level in more than two months on Monday, tracking heavy losses in the domestic share market, while a broad fall in other regional currencies also hurt.

The partially convertible rupee was trading at 63.00/01 per dollar at 2:37 pm after hitting 63.06, its weakest since November 22. It had closed at 62.66/67 on Friday.

The Sensex is trading down 1.8%.

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First Published: Jan 27 2014 | 2:40 PM IST

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